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CeeInd - ''The leading Industrial Portal dedicated to the Growth market of Central and Eastern Europe > < Poland's Industrial Automation Surge: Record Robot Installations and EU Investment Drive Growth > < TeraPlast Group Strengthens Presence in Flexible Packaging with 70% Acquisition of Optiplast in Croatia > < Poland's Industrial Automation Surge: Record Robot Installations and EU Investment Drive Growth > < Mondi Enhances Sustainable Packaging Production with New Extrusion Line at Štětí Facility > < Nokian Tyres Opens World's First Zero CO2 Emission Tyre Factory in Oradea, Romania > < South Korea's Largest Food Company to Build First Factory in Central Europe, Located in Hungary > < BMW Begins Pre-Series Production of Neue Klasse in Hungary, Paving the Way for Electric Innovation > < Vetropack Completes €60 Million Furnace Upgrade in Croatia, Setting New Industry Standards > < DP World Invests €130 Million to Boost Romania’s Port and Logistics Infrastructure > < PalletBiz Romania Unveils State-of-the-Art Production Facility in Prejmer > < Arctic Paper Expands Renewable Energy Portfolio with 4 MW Solar Park Acquisition in Poland > < Y Soft Secures €30 Million EIB Investment to Advance Office Automation Technologies > < Poland: The Emerging Logistics Hub of Central and Eastern Europe (CEE) > < ArcelorMittal Poland Invests PLN 100M in Hydrogen Plant to Boost Krakow Steel Operations > < Shape Robotics Expands Romanian Distribution Network with Strategic Ingram Micro Partnership > < Poland Ranks as Europe's Second Most Active Industrial Market in 2024 > < PepsiCo Launches 3.5-MW Solar Farm in Poland, Powering Sustainability Goals > < Czech Companies Embrace Advanced Technologies to Drive Production Efficiency > < Poland Solidifies Its Status as a Global Poultry Export Leader > < Toyota Unveils Largest Logistics Hub in Europe in Czech Town Kolín > < CATL's Debrecen Battery Plant Set for 2025 Launch, Driving Europe's Green Transition > < Slovenia to Invest Up to €40 Million in Production of New Renault e-Twingo > < Lockheed Martin to Establish €50 Million Electrolyte Factory in Romania > < Michelin Shifts Jobs from UK to Romania and Poland as Part of European Restructuring > <

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Panasonic Boosts Investment in Air-to-Water Heat Pump Production at Czech Factory

2024-09-24 00:00:00

Panasonic Corporation is accelerating its investment in Central and Eastern Europe (CEE) with a planned 20 billion yen (€145 million) investment in its Czech Republic factory by the fiscal year ending in March 2026. This strategic move aims to expand the production of air-to-water (A2W) heat pumps, which are seeing a surge in demand across Europe due to their eco-friendly advantages over traditional fossil fuel-based heating systems.

A2W heat pumps harness heat from the air to provide efficient heating while significantly reducing CO2 emissions, aligning with Europe’s push towards sustainability and cleaner energy solutions. As the shift from gas and other fossil fuels to electrification intensifies across Europe, Panasonic is responding with expanded local production capacity at its Plzen facility, Panasonic AVC Networks Czech (PAVCCZ), which has been manufacturing A2W indoor units since 2018.

This latest investment will enable Panasonic to begin producing outdoor units in addition to the indoor units already being made at the Czech plant. By the fiscal year ending in March 2026, Panasonic aims to boost its production capacity to 500,000 A2W units annually, meeting growing demand across the European market. This expansion will further solidify its role as a key player in the heating, cooling, and ventilation (HVAC) market within the CEE region, including Czechia and Poland.

Panasonic’s A2W heat pumps are designed with cutting-edge technology that maintains heating performance even in low outdoor temperatures, making them ideal for the European climate. In addition to its manufacturing efforts, Panasonic has also launched an IoT-based maintenance service in Denmark and continues to expand its sales and distribution network throughout Europe.

The investment in the Czech facility not only strengthens Panasonic's industrial presence in CEE but also underscores the company's commitment to sustainable innovation and meeting the region's growing demand for green energy solutions. This move presents opportunities for Panasonic to establish new partnerships with distribution partners in Poland, Czechia, and other key CEE markets as it continues to grow its HVAC business.

By enhancing its production capabilities in the Czech Republic, Panasonic is poised to play a significant role in the transition to more sustainable heating technologies in Europe, contributing to both environmental goals and regional industrial growth.

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